Sunday, August 4, 2013

Why Republicans Want Jobs to Stay Anemic | Common Dreams

Why Republicans Want Jobs to Stay Anemic | Common Dreams
"First, high unemployment keeps wages down. Workers who are worried about losing their jobs settle for whatever they can get — which is why hourly earnings keep dropping. The median wage is now 4 percent lower than it was at the start of the recovery. Low wages help boost corporate profits, thereby keeping the regressives’ corporate sponsors happy."